\begin{table}[htbp]\centering
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\caption{Effect of Mobile Banking on on mobile banking use, savings and loans - no controls \label{tab:res1}}
\begin{tabular}{l*{5}{c}}
\toprule
                &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}\\
                &\multicolumn{1}{c}{Any use}&\multicolumn{1}{c}{Value transactions}&\multicolumn{1}{c}{Number transactions}&\multicolumn{1}{c}{Savings Balance}&\multicolumn{1}{c}{Late Loan}\\
\midrule
Saving          &   -0.005         &   -3.599         &   -0.032         &    2.985         &   -0.015         \\
                &  (0.002)         &  (2.974)         &  (0.013)         & (11.573)         &  (0.012)         \\
                &  [0.041]\sym{**} &  [0.226]         &  [0.012]\sym{**} &  [0.796]         &  [0.211]         \\
                &\{0.235\}         &\{0.645\}         &\{0.135\}         &\{1.000\}         &\{0.645\}         \\
Mobile Banking  &    0.062         &   28.995         &    0.074         &   17.920         &   -0.025         \\
                &  (0.004)         &  (3.741)         &  (0.017)         & (11.490)         &  (0.012)         \\
                &  [0.000]\sym{***}&  [0.000]\sym{***}&  [0.000]\sym{***}&  [0.119]         &  [0.030]\sym{**} \\
                &\{0.000\}\sym{***}&\{0.000\}\sym{***}&\{0.000\}\sym{***}&\{0.271\}         &\{0.084\}\sym{*}  \\
\midrule
Observations    &    60000         &    60000         &    60000         &    60000         &    17540         \\
Control Mean    &    0.024         &   11.345         &    0.075         &  285.447         &    0.295         \\
p-Value Saving=MB &    0.000         &    0.000         &    0.000         &    0.199         &    0.375         \\
Wave FE         &\text{Yes}         &\text{Yes}         &\text{Yes}         &\text{Yes}         &\text{Yes}         \\
\bottomrule
\multicolumn{6}{p{1\linewidth}}{\footnotesize All regressions control for strata fixed effects, wave fixed effects and the baseline value of the outcome of interest. Any use is a dummy variable equal to one if any mobile banking transaction was carried out during the month. Value transactions is the sum of the value of mobile banking transactions in a month, in Ghanian cedis. Number transactions is the number of mobile banking transactions carried out in a month. Savings balance is the end of month balance in GHS in the partner bank account only. Late loan payment is a dummy variable if the client has missed the a loan repayment deadline. It is missing for non-loan clients. Control mean is the mean for the outcome variable in the control group in August. p-value Saving=MB is the p-value from a t-test of the equality of the Mobile Banking and Saving coefficients. Individually clustered standard errors in parentheses. p-values in square brackets. q-values in curly brackets. \sym{ ***} p $<$ 0.01, \sym{**} p $<$ 0.05, \sym{*}* p $<$ 0.1.}\\
\end{tabular}
\end{table}
